$VELODROME has shown a robust price increase of 6.634% in the last 24 hours.
The recent high of 0.0661 is approaching the established resistance level.
With a low of 0.0606, it finds solid support, indicating a range-bound trade possibility.
Current RSI at 63.33 suggests a nearing overbought condition, warranting caution.
Traders appear optimistic yet are waiting for clear breakout confirmation.
Any news regarding regulatory developments or partnerships could significantly sway market sentiment.
Monitoring these levels will be crucial for gauging VELODROME's next movements.
